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Interparfums FY 2022: record earnings as operating profit soars 33 percent

THE WHAT? Interparfums has reported its results for the 2022 fiscal year. The fragrance giant recorded record earnings for the full year with net income up 40 percent on 2021’s figures and sales rising 26 percent to €706.6 million. THE DETAILS The company noted that it had extended its partnership with Montblanc until December 31, 2030 and, subject to the General Meeting’s ratification, hit its goal of achieving gender parity on its board. THE WHY? Philippe Benacin, Chairman and CEO, commented, “Against the backdrop of a turbulent economic and geopolitical environment, our sales and earnings continued to grow in 2022. In 2023, although many uncertainties still exist, this positive momentum should continue with sales expected to reach €750 million, driven by the continuing appeal of our brands for consumers in a global perfume market that remains buoyant.” The post Interparfums FY 2022: record earnings as operating profit soars 33 percent appeared first on Global Cosme
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All My Bookcases Failed Me—Then I Found This IKEA Hack

All My Bookcases Failed Me—Then I Found This IKEA Hack All My Bookcases Failed Me—Then I Found This IKEA Hack All My Bookcases Failed Me—Then I Found This IKEA Hack All My Bookcases Failed Me—Then I Found This IKEA Hack

Like many people, the first bookcase I ever bought was IKEA’s Billy bookcase. Affordable and simple to assemble, my Billy lasted for a few years before starting to look worse for wear (and eventually falling apart). When I moved to my current apartment almost seven years ago, I bought a new IKEA bookcase that I thought was my library's soulmate: the 35-inch Hemnes bookcase. It was sturdier than the Billy, made of solid pine instead of particle board, and still very affordable. (I loved Hemnes so much that I even wrote about how great it is!)

The old bookcase
The old bookcase Photo by Weston Wells
Supported by a... soup can.
Supported by a... soup can. Photo by Laura Fenton

However, my husband and I are serious book lovers and over the years, even Hemnes didn’t hold up to the weight of our collection. I learned that not all solid wood is created equal: Pine is particularly soft, so the peg holes for the shelf supports eventually stretched so that the shelves got wobbly. Then, earlier this year, the bottom rung of our shelf split in two. (Readers: Don’t blame IKEA, it’s my fault, we crammed those books in and even loaded them up on top.) I ended up propping the whole thing up with... a can of soup. It was time to find a new bookcase, and I swore that I wouldn’t buy another IKEA bookcase.

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* This article was originally published here

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